Wednesday, February 1, 2017

Tantia Constructions Ltd @17.00

1. Tantia Constructions Ltd is a 10 rupee face value Construction & Engineering company.

Security ID : TANTIACONS  Group / Index : B  Face value : 10.00  Security Code : 532738  ISIN : INE388G01018  Industry : Construction & Engineering company.
Short Brief of Company Business: - 
For decades, eastern India was dismissed as remote and under-invested. This picture is rapidly changing. With new investments being made in the development of roads, railways, and airports.
The one company that is helping to make this a vibrant reality is Tantia Constructions Limited. A core infrastructure company. A pioneer in creating infrastructure in Eastern India. Enjoying a wide and deep footprint across the region today.
Possessing a rich terrain experience of over four decades. Reflected in a robust order book of Rs. 2500 crores.
The Company was set up in 1964 by the Late Shri G.P. Tantia to strengthen India’s railway infrastructure.
 It was one of the first Indian companies to be accredited for ISO 9001:2000 from DNV, the Netherlands (in 2001).                                                            
Source:- (Company Website)
2. Year high of Tantia Constructions Ltd is 22.95, and years low is 13.50.
Year high/ low ratio is below 2.
If you read my research terms or read my book, then you may know that generally, I like a stock which year high/low ratio is below 2.
If you are new reader of my blog and not familiar with my research terms, then please see my research terms at this link
3. Promoters of Tantia Constructions Ltd hold 72.88 % Stocks, but Promoters pledged his 52% holding. 
As per my rule pledged holding below 33% is ignorable but in Tantia Constructions promoters increase their holding from 58.59%to 72.88 % which is a significant increase, and I think promoters knew their company situation well so due to this increasing promoter holding I ignore 52% pledged share.
Please do not forget that more than 33% pledged stocks make a risky situation, So this is the another reason why I publish this call under "My Penny Share" because penny shares calls is risky but future multi-bagger calls.
See the full list of public shareholding including FII and DII here:-
4.Tantia Constructions do not give any dividend after 2012. But due to recent breakout over all DMA's and promoters holding increase, I think company gives a positive surprise in coming quarters.
5. The base price of Tantia Constructions Ltd is 20.45, So Tantia Construction Ltd traded near 16 % below from base price.  
I think Between 17 to 21 a fair buying range for this stock. ( I give 17 to 21 buying range because promoters increase their holding due to corporate debt restructuring mechanism and Promoters get 9919032 shares @ 21.26 per share overall promoters invest near 21 Cr.)
Click Here To Download Last 3 Year Price Data & Graph
6. No any bonus issue right issue and bulk deals are recorded in last 2 years.
7. Tantia Constructions Ltd net sale per share of FY 15-16 is 141.09.
8. Net sale per share 141.09  is higher from CMP, but this year 2016-17 sale down compare to the last year 2015-16.
 If we calculate projected net sale per share for year 16-17 then it is near 74, so stock have a good chance to become multi-bagger from CMP
9. The book value of Tantia Constructions Ltd is 66.03 Book value is higher then CMP, So Tantia Construction is a value buy at CMP.
8. Finally, Tantia Construction Ltd is our next penny share buy for more than 25%+ returns in the one-year time frame.
9. 200 DMA of Tantia Constructions Ltd is 16.61, So at CMP 17.80  Tantia Constructions Ltd gives a positive breakout over his 200 DMA this is the reason that I choose this stock for today recommendation. 
I publish it under my penny share because the market price of the stock is below 20 and Tantia construction is a high debt company, but due to promoters willing to restructure debt, I choose it for my recommendation.
10. Fundamental target price of Tantia Constructions Ltd is 68.27 ( Read my book "The Winning Theory In Stock Market" to learn how to calculate the fundamental target price of any stock.)
11. My recent updates: -   Shakti Pumps India Ltd

About My 2nd Book: - My 2nd book "How Chandu Earned And Chinki Lost In The Stock Market" Now Available again on Amazon India site
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11. Disclaimer: - This is not an advisory service to buy or sell. The contents of “this research report” are only for educational purposes. No liability is accepted for any content in “this research report”. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time.The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions. Please read full disclaimer at the bottom of my blog.

12.Discloser: - I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I am also registered with SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose about my financial interest in the subject company and the nature of such financial interest:- 1 Me and my associates or relatives have not held any share of Tantia Constructions Ltd so my personal interest is not included in this stock. 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company ( Tantia Constructions Ltd). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates or relatives have not received any type of compensation from the subject company(Tantia Constructions Ltd) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company ( Tantia Constructions Ltd). 6. I have been not engaged in market making activity for the subject company (Tantia Constructions Ltd).

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